Hi folks! My first post!Hopefully a quick question for you smart folks. I’ve looked into some research on 1031 exchanges but can’t quite confirm my thoughts. I currently have a SFR investment property (my first home, ...
So interest rates are tanking so I was about to refinance and take cashout from some properties.But, speaking with my accountant, I found out that interest on the refi will not be tax deductible because I am not plann...
hi everyone, i would like tell everyone that we are all real estate investors. we work at our jobs very hard to save enough money to get into real estate and try to make some decent money, to be able to get out of ...
How much is your annual spend on 3rd party software and apps?ie: pricing software, listing platforms other than Vrbo and Airbnb, digital guestbooks, integration software, direct booking sites, camera subscriptions, ot...
I just replaced a refrigerator in my rental last year. The cost of the fridge was more than the $2500 ( $2499 + tax + shipping). Assuming that it is the only expense I have for my rental, can I expense the cost of t...
Purchased a buy and hold and am in the long........ process of remodeling. Does this go on the schedule E along with my other buy and hold since I did not rent at all last year?
It's commonly accepted that principal pay down is really profit, even if not Cash on Cash, as it is still a credit to your asset column. Why doesn't that logic extend to maintenance dollars budgeted from the rental re...
So I have bought my first 5 plex. And I would like some inspiration on how to improve cash flow. I will, however, try to make the thread as wide as possible, so that many people might find things that they can use. Th...
Hello BP,I just bought my first investment property and am learning a lot of tips and tricks because of you all, so thank you very much!What are the best improvements i can make to a rental property that i can write o...
This is for the bay area, and here's what I am hoping to do - buy a fixer upper for 900k - Cost seg - write off (675k)- Spend 200k in improvements- 30k in furnishingsHow does the 200k in improvements play in taxes? Ca...